NSE market indices record 0.41% growth

Equity transactions on the Nigerian Stock Exchange (NSE) opened after the holiday on Wednesday on an upbeat note with the market indices growing by 0.41 per cent.

The News Agency of Nigeria (NAN) reports that the All-Shares Index rose by 169.96 basis points or 0.41 per cent to close higher at 41,611.15 from 41,441.19 achieved on Monday.

Similarly, the market capitalisation, which opened at N13.265 trillion, appreciated by N54 billion or 0.41 per cent to close at N13.319 trillion.

NAN reports that Nigerian Breweries recorded the highest gain to lead the gainers table by N1.79 to close at N164.80 per share.

It was followed by Guinness with a gain of N1 to close at N238 per share.

Presco appreciated by 99k to close at N41, while PZ Cusson gained 70k to close at N37 per share.

Conversely, Nestle topped the losers’ chart, losing N6.03 to close at N1,150 per share.

Julius Berger trailed with a loss of N3.61 to close at N68.68 per share, Forte Oil depreciated by N2.20 to close at N86.80, while Flour Mill lost 31k to close at N87.10 per share. (NAN)